Petershill Partners (LON:PHLL) Given “Buy” Rating at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Petershill Partners (LON:PHLL) in a report published on Wednesday, MarketBeat.com reports. The brokerage currently has a GBX 200 ($2.53) price target on the stock.

Separately, JPMorgan Chase & Co. reiterated an overweight rating and set a GBX 213 ($2.69) price objective on shares of Petershill Partners in a research note on Monday, December 4th.

Petershill Partners Price Performance

LON PHLL traded up GBX 2.20 ($0.03) during trading hours on Wednesday, reaching GBX 189.20 ($2.39). The company’s stock had a trading volume of 233,507 shares, compared to its average volume of 681,012. The firm has a market capitalization of £2.12 billion, a price-to-earnings ratio of 18,940.00, a P/E/G ratio of 1.24 and a beta of 0.61. Petershill Partners has a 1-year low of GBX 140 ($1.77) and a 1-year high of GBX 194.60 ($2.46). The company has a debt-to-equity ratio of 10.49, a current ratio of 2.67 and a quick ratio of 6.11. The company’s 50-day moving average is GBX 172.34 and its two-hundred day moving average is GBX 160.04.

Petershill Partners Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 14th. Shareholders of record on Thursday, May 9th will be paid a dividend of $0.10 per share. This is a positive change from Petershill Partners’s previous dividend of $0.05. This represents a yield of 4.63%. The ex-dividend date is Thursday, May 9th. Petershill Partners’s payout ratio is 130,000.00%.

Petershill Partners Company Profile

Petershill Partners PLC operates as a general partner solutions investment firm. It provides capital and strategic support to asset managers through minority stake acquisitions. The company was formerly known as Delta Epsilon plc and changed its name to Petershill Partners PLC in September 2, 2021. The company was founded in 2007 and is based in London, the United Kingdom.